Vancouver man fined $10K for illegal gambling role
A Vancouver man has been fined $10,000 for his involvement in illegal gambling at Big Shots Café in Burnaby, where police seized multiple slot machines. Read the full story.
Category : Search result: gambling debt
Ontario fines FanDuel $350K for suspicious betting
Ontario's gambling watchdog has levied a $350,000 fine against FanDuel for failing to report suspicious betting activity linked to Czech table tennis matches. Learn the details of the enforcement action.
Bélanger won't run for Quebec Liberal leadership
Former candidate Marc Bélanger opts out of the race to replace Pablo Rodriguez, citing unfinished debt from his 2025 campaign. Get the latest on the Quebec Liberal Party's leadership contest.
Sask. NDP urges government to scrap SaskPower rate hike
The Saskatchewan NDP is calling on the government to reject a proposed SaskPower rate increase, warning it would add over $135 million to consumer bills amid concerns over the utility's growing debt.
Vancouver Island man sentenced for fatal stabbing over drug debt
A British Columbia man has been sentenced for a fatal stabbing described as 'tragic' by the judge. The murder stemmed from a dispute over an unpaid cocaine debt. Read the full details of the case and sentencing.
Venezuela Debt Rally Hides Complex Creditor Web
The surge in Venezuelan bonds following President Maduro's capture belies a tangled legal and political fight for the country's assets. Explore the challenges ahead for creditors.
Why most financial new year resolutions fail
Financial educator Lesley-Anne Scorgie reveals why most money goals fail by February and shares actionable strategies for saving and debt payoff in 2026.
Sask. cost of living anxiety highest in Canada for 2026
A new consumer debt index shows Saskatchewan residents are the most worried in Canada about finances and living costs in 2026. Get the details on the economic pressures facing the province.
Drake sued in class action over gambling company promotion
Canadian rapper Drake is facing a class action lawsuit in Ontario over his promotion of the online gambling platform Stake. The suit alleges he failed to disclose his financial ties. Read the full details.
Saks Skips $100M Bond Payment Amid Creditor Talks
Cash-strapped Saks Global Enterprises misses a major interest payment as it negotiates with creditors, following a sharp decline in its bonds and recent debt restructuring.
CRA owed $10B+ in unpaid COVID benefits
The Canada Revenue Agency reports it is owed more than $10 billion in COVID-19 benefit overpayments. Learn about the agency's efforts to recover funds and what it means for Canadians.
3-Month Financial Reset Plan for a Better 2025
Expert advice from Peta Wales on tackling debt, building savings, and creating lasting financial momentum with a focused three-month plan. Start your new year right.
Holiday spending drives up Canadian household debt
Canadian household debt rises as holiday spending bites. Experts analyze the financial strain and offer tips for managing debt in the new year. Read more.
Tech Firms Shift $120B AI Data Centre Debt Off Books
Major tech companies have used complex SPV financing to shield $120 billion in AI data centre spending from their balance sheets, raising concerns about hidden financial risks for Wall Street investors. Read the full analysis.
BP sells majority stake in Castrol for US$6 billion
BP Plc agrees to sell a 65% stake in its Castrol lubricants division to Stonepeak Partners for US$6 billion. The deal marks a key step in the energy giant's strategy to reduce debt and reset its business after a turbulent year.
Saks Considers Bankruptcy as $100M Payment Looms
Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.
AI Debt Boom Pushes Corporate Bond Sales Near Record
U.S. investment-grade bond sales hit $1.7 trillion in 2025, nearing the 2020 record, driven by AI infrastructure borrowing. Investors hedge against a potential credit bust as issuance is expected to grow in 2026.
Corus Entertainment amends credit deal for debt breathing room
Corus Entertainment Inc. has renegotiated its credit agreement with lenders, gaining crucial financial flexibility to manage its debt load. The deal provides the Canadian broadcaster with increased operational breathing room.
B.C. Education System Failing Students on Financial Literacy
Eugene You argues B.C. must make financial literacy a mandatory graduation requirement as debt soars and students lack basic money skills. Read why early education is key.
How to Regain Financial Control After Holiday Burnout
Feeling overwhelmed and overspent this holiday season? Expert advice from a Canadian credit counsellor offers practical steps to manage debt stress and start the new year with confidence.
Calls to Ban Sports Betting Ads in Canada Grow
A new report reveals the severe harm of gambling addiction in Canada, prompting calls for a ban on sports betting ads similar to tobacco. Learn why experts say action is needed now.
Romney Calls for Wealthy to Pay More to Save Social Security
Former U.S. Senator Mitt Romney argues the ultra-rich must pay higher taxes to rescue Social Security from a 2034 funding cliff. His op-ed sparks debate on tax fairness and economic policy.
Bombardier repays US$500 million in senior notes
Bombardier makes a major move in its debt reduction strategy, repaying US$500 million in senior notes. The aerospace giant stays on track with its financial restructuring plan.
Analysis: Ford's Spending, Debt Match Predecessor Wynne
An analysis of Ontario's finances reveals Premier Doug Ford's per-person spending and debt trajectory align closely with the Liberal era he once criticized as reckless. Explore the data.
UCalgary professor warns of 'buy now, pay later' pitfalls
A University of Calgary expert cautions holiday shoppers about the hidden dangers of 'buy now, pay later' services. Learn the risks and how to protect your finances this season.
Canacol in Talks for Emergency Loan During Restructuring
Canadian gas producer Canacol Energy is negotiating a short-term loan as it restructures debt under creditor protection. Learn about the company's financial challenges and the potential impact on investors.
Goldman: AI Credit Impact Varies by Bond Market Tier
Goldman Sachs analysis reveals AI's divergent credit risks in investment-grade and high-yield markets. Discover the key implications for investors and corporate debt.
Problem Gamblers Seeking Help Double in Windsor in 6 Years
The number of problem gamblers seeking help in Windsor has doubled in six years, coinciding with the rise of online gaming. Experts call it an 'invisible addiction' with devastating consequences.
Telus Pauses Dividend Hikes as Shares Tumble 19%
Telus Corp. pauses future dividend increases to reduce debt, responding to investor pressure after a 19% stock drop. The company aims to improve its leverage ratio by 2025.
PBO: MPs Should Approve Fiscal Target Changes
Canada's fiscal watchdog says Ottawa should seek House of Commons approval to alter key fiscal targets, like the recently abandoned debt-to-GDP anchor. Read the latest on federal spending.
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